Page 1 of 1
Seeds of next Oil Crisis are taking root
Posted: Fri Jun 17, 2016 9:53 am
by dan_s
Wood Mackenzie reported in January of this year that $380 billion worth of investments into oil have been cancelled since 2014, which will lead to an acute shortage of oil supply in the future.
Read:
http://oilprice.com/Energy/Energy-Gener ... 0-Oil.html
Re: Seeds of next Oil Crisis are taking root
Posted: Fri Jun 17, 2016 10:10 am
by dan_s
Below is a link to a very interesting article which will help you understand why Wall Street wants higher oil prices. It may also help you understand why $50/bbl is WAY BELOW the sustainable price for oil. Gail is a super smart lady, so read carefully.
http://oilprice.com/Energy/Oil-Prices/W ... 0-Oil.html
Re: Seeds of next Oil Crisis are taking root
Posted: Fri Jun 17, 2016 10:13 am
by dan_s